RE:Big Volume TodayThis feels like a controlled ascent. Like I said before I will take ten cents a day until the end of the year. Anyone here do much technical analysis? The RSI is at 82, MACD is diverging, all the averages are pointing up.
If this had occured over a much shorter period of time I would be looking to book profits and buy back in after some consolidation. I don't know if that is going to happen or maybe we will see a sell the news event. By that I mean the financials will be good but as fas as I know will not truly reflect the potential of the RVR/Alta deal. This could mean someone may try to take the wind out of our sails and drop us back down below $5. I expect the quarter revenue to be about 3 million.
I don't think I'm going to take the chance and try to flip blocks of this. Seems easier to buy the pullback than selling the whole position just to use the swings for grabbing a couple hundred more shares. This is in stair step mode now, very unlikely there will be any wild swings anymore to take advantage of.
I cannot believe how quiet it still is here after having exceeded our 52 week closing high and just now after weeks getting back up to our average volume. There is still no real excitement around this stock yet. I am also pleased no one has gone a tried to pump us up on other boards. Glad to know everyone recognizes the opportunity here and that the window to really lock in a good position is closing.